ConocoPhillips with ticker code (COP) now have 28 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 120 and 77 with the average target price sitting at 103.56. Given that the stocks previous close was at 91.27 this indicates there is a potential upside of 13.5%. The 50 day moving average now sits at 83.31 and the 200 day moving average is 68.28. The company has a market capitalisation of $123,273m. You can visit the company’s website by visiting: https://www.conocophillips.com
The potential market cap would be $139,873m based on the market concensus.
ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids worldwide. It primarily engages in the conventional and tight oil reservoirs, shale gas, heavy oil, LNG, oil sands, and other production operations. The company’s portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; various LNG developments; oil sands assets in Canada; and an inventory of conventional and unconventional exploration prospects. ConocoPhillips was founded in 1917 and is headquartered in Houston, Texas.
